Multiple Choice
An account now contains $11,300 and has been accumulating interest at a 9% annual rate, compounded continuously, for 9 years.Find the initial deposit.
A) $5,026.90
B) $11,209.29
C) $11,207.59
D) $11,279.45
E) $5,021.11
Correct Answer:
Verified
Correct Answer:
Verified
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